US clears first Boeing 787 Dreamliner delivery in 21 – sources

US clears first Boeing 787 Dreamliner delivery in 21 – sources

The Boeing logo is displayed on a screen, at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 8 (Reuters) – The U.S. government on Monday approved delivery of the first Boeing (BA.N) 787 Dreamliner since 2021, paving … Read more

Full of money, Pfizer buys Global Blood Therapeutics for $5.4 billion

Full of money, Pfizer buys Global Blood Therapeutics for .4 billion

Aug 8 (Reuters) – Pfizer Inc on Monday agreed to pay $5.4 billion in cash to sickle cell drugmaker Global Blood Therapeutics (GBT.O) as it seeks to capitalize on a surge in revenue from his COVID-19 vaccine and treatment. Pfizer will pay $68.50 per GBT share, representing a 7.3% premium to its Friday closing price … Read more

Berkshire Hathaway Posts Massive $43.8 Billion Loss; operating results are improving

Berkshire Hathaway Posts Massive .8 Billion Loss;  operating results are improving

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor during Berkshire Hathaway Inc’s annual shareholders meeting in Omaha, Nebraska, U.S., on 4 May 2019. REUTERS/Scott Morgan//File Photo Join now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – Falling U.S. stock prices hurt … Read more

Oil falls with dollar on fears of recession; Wall Street ends mixed

Oil falls with dollar on fears of recession;  Wall Street ends mixed

Oil hits pre-Ukraine lows as demand outlook deteriorates The Bank of England expects a recession throughout 2023 Treasury Yield Curve Inversion Deepens The dollar falls; the pound sterling slips against the euro OTTAWA, Aug 4 (Reuters) – Crude oil sank along with Treasury yields and the dollar on Thursday as recession worries intensified following the … Read more

Meta, Facebook’s parent company, makes the first-ever bond issue

Meta, Facebook’s parent company, makes the first-ever bond issue

The Meta Platforms logo is seen in Davos, Switzerland May 22, 2022. Picture taken May 22, 2022. REUTERS/Arnd Wiegmann//File Photo Join now for FREE unlimited access to Reuters.com Register Aug 4 (Reuters) – Meta Platforms, the parent company of Facebook (META.O), announced on Thursday that it would make its first-ever bond issue, at a time … Read more

EXCLUSIVE Airbus strikes remaining A350 deal with Qatar Airways – sources

EXCLUSIVE Airbus strikes remaining A350 deal with Qatar Airways – sources

PARIS, Aug 3 (Reuters) – Airbus (AIR.PA) has revoked its entire outstanding order with Qatar Airways for A350 jets, halting all new jetliner business with the Gulf carrier in a new dramatic turn to a dispute clouding World Cup preparations, two industry sources have said. No comment was immediately available from Airbus or Qatar Airways. … Read more

Wall Street falls on rising US-China tensions, Caterpillar shares weigh

Wall Street falls on rising US-China tensions, Caterpillar shares weigh

President Nancy Pelosi expected in Taipei later today Caterpillar drops after missing sales estimates Uber wins after reporting positive cash flow Indices down: Dow 0.92%, S&P 0.61%, Nasdaq 0.45% Aug 2 (Reuters) – Major Wall Street indexes fell on Tuesday on concerns over rising U.S.-China tensions ahead of U.S. House of Representatives Speaker Nancy Pelosi’s … Read more

BP increases its dividend after its profit hits its highest level in 14 years

BP increases its dividend after its profit hits its highest level in 14 years

Profits soar to $8.45 billion, far beating forecasts BP increases its dividend by 10% BP to increase oil and gas spending, CEO says Profits driven by strong oil trade, impacted by LNG LONDON, Aug 2 (Reuters) – BP’s (BP.L) second-quarter profit soared to $8.45 billion, its highest level in 14 years, as strong refining and … Read more

Stephen King to fight for US government in case against book publishing mega-merger

Stephen King to fight for US government in case against book publishing mega-merger

WASHINGTON, Aug 1 (Reuters) – The U.S. Justice Department on Monday asked a federal judge to block a $2.2 billion merger between two of the “Big Five” book publishers, Penguin Random House and Simon & Schuster , in a trial that is expected to feature testimony from horror writer Stephen King. “This is real money … Read more

HSBC hangs up on Ping An break call, lifts payment and profit target

HSBC hangs up on Ping An break call, lifts payment and profit target

HSBC will return to paying quarterly dividends from 2023 Aims to attract investors with a higher profitability target Splitting up Asian companies carries huge risks London shares rise 6% LONDON/SINGAPORE, Aug 1 (Reuters) – HSBC (HSBA.L) has rejected major shareholder Ping An Insurance Group Co of China’s (601318.SS) proposal to split the lender, a move … Read more